Network Attached Storage (NAS) Market

Market Leaders - Network Attached Storage (NAS) Market

The global NAS market is estimated to grow from USD 23.2 billion in 2020 to USD 48.0 billion by 2025, at a CAGR of 15.7%. The government focus on digitization leading to massive growth in digital data, thereby driving the growth of the NAS market.

Key players in the NAS market include Dell Technologies Inc. (US), NetApp, Inc. (US), HEWLETT PACKARD ENTERPRISE COMPANY (HPE) (US), Hitachi, Ltd. (Japan), WESTERN DIGITAL CORPORATION (US), SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY (PLC) (US), NETGEAR, Inc. (US), Synology, Inc. (Taiwan), Buffalo Americas, Inc. (US), QNAP Systems, Inc. (Taiwan), Drobo, Inc. (US), ASUSTOR Inc. (Taiwan), IBM (US), Huawei Technologies Co., Ltd. (China), Microsoft (US), Cisco Systems, Inc. (US), D-Link Corporation (Taiwan), Thecus Technology Corp (Taiwan), Infortrend Technology Inc. (Taiwan), Panasas (US), SoftNAS, Inc. (US), and Nasuni Corporation (US). These companies focus on adopting both the organic and inorganic growth strategies, such as product launches, expansions, partnerships, contracts, collaborations, agreements, and acquisitions, to strengthen their position in the market.

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Top Players in NAS Market:

Dell Technologies Inc. held the first position in the global NAS market in 2019. The company is a leading provider of IT hardware, software, and services. It has been pursuing organic growth strategies, such as product launches, and inorganic growth strategies, such as collaborations, to maintain its position and remain competitive in the market. The company has a strong portfolio of scale-out NAS solutions, which are used for centralized data backup by small offices/home offices (SOHO) and enterprises. Moreover, it has global presence, which helps it to meet the requirements of customers worldwide.

NetApp, Inc. is a leading provider of NAS software, systems, and services in the NAS market. The company offers highly scalable NAS solutions to manage and store enterprise data. The company has adopted various inorganic growth strategies, such as acquisitions, to address the futuristic data storage needs. However, the company is not very much active in terms of its organic growth as its existing NAS product portfolio is very strong. Along with the strong portfolio of products, it also has geographical footprints spread across the world, including the US, Canada, Mexico, Germany, China, Japan, and India.

Related Reports:

Network Attached Storage (NAS) Market with COVID-19 Impact Analysis, by Design (8 bays to 12 bays, More than 20 bays), Product (Enterprise, Midmarket), Storage Solution (Scale-up, Scale-out), Deployment Type, End-user Industry, & Geography - Global Forecast to 2025

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Report Code
SE 5393
RI Published ON
6/11/2020
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